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Uniswap network activity surges after $100 UNI price call

Uniswap network activity surges after $100 UNI price call

CointurkCointurk2026/06/19 09:21
By:Cointurk

On-chain data from the Uniswap network is signaling one of the most powerful moves in recent months. Following this momentum, global banking giant Standard Chartered grabbed attention by releasing a $100 price forecast for Uniswap’s native token, UNI.

Network activity accelerates after forecast

According to on-chain analytics provider Santiment, Uniswap’s network has shown a remarkable uptick since Standard Chartered made its bullish projection. The number of active addresses has surged to the highest level in four months. In the same period, large transaction volumes have climbed to their highest point in seven months.

Data shows that interest in the Uniswap network has risen sharply after Standard Chartered’s $100 UNI forecast, with large-value transfers hitting a seven-month high in particular.

A similar pattern unfolded in wallet creation trends. Santiment reported that new addresses created for UNI saw the strongest single-day increase since late December. The company noted that this heightened activity is directly linked to the price prediction, rather than a protocol upgrade or technical development.

Glossary: Santiment is an analytics firm monitoring on-chain data and investor sentiment in the cryptocurrency market. Metrics such as active addresses and large transfers track changes in network usage and major investor interest.

Indicator
Latest status
Active addresses 4-month high
Large transfers 7-month high
New UNI addresses Strongest daily increase since December

Major investors make their move

Market watcher Zayn announced on his X account a $10,000 spot purchase of UNI. He argued that UNI quickly erased a month-long period of weak price performance and likened current levels to those before the major rally in 2020.

While revealing his $10,000 spot UNI purchase, Zayn emphasized that the token erased a month of downtrend in just days, and noted that he is accumulating for the long term.

Early positioning by large investors continues to serve as a closely monitored signal in the market. The seven-month peak in high-value transfers could suggest that key players are betting on a possible price escalation.

UNI approaches critical resistance zone

From a technical standpoint, UNI has been locked in a downtrend for months, characterized by lower highs and lows. Recent buying activity has propelled the price toward the upper boundary of this structure, around the $3.30 region.

Analysis suggests that if UNI surpasses the $3.30 level, it could mark one of the first major structural breakouts of 2026. If momentum continues beyond this threshold, the next key resistance is set at $4.13, while $6.34 emerges as a longer-term target. On the downside, the $2.80 to $2.90 area is highlighted as the main support zone.

Technical level
Value
First critical resistance $3.30
Next resistance $4.13
Upcoming target $6.34
Support zone $2.80 to $2.90

Santiment’s assessment shows that several Uniswap metrics have reached multi-month highs. The current surge in market interest appears to be driven primarily by Standard Chartered’s ambitious valuation forecast.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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